Tuesday, April 11, 2006

Nokia sees bounce

Nokia's revamp of their product lines that started in earnest a couple of years ago seems to be finally paying off. For they have just announced that their average selling prices in Q1 were up nicely. Their stock followed and is at a two year high.

This looks like bt will be a solid year for Nokia. Great new products at most ends of the market and a thriving developing markets business. But they'll need, it for the competition from Motorola, Samsung and SonyEricsson has never been stronger.